New Intermed Uptrend!!

[rajesh.sadhanala]

Ouch Raj,you're in a mess.Only thing I can tell you is that if we get a rally from here,get out on the rally.Don't hope for 110.Also put a stop loss at 91.If this takes out,get out and try to make your money somewhere else.

Hope this rallies though and you get to come out of this one without too much loss.

Saint

Is this rally going to continue or should I exit at this cmp. It is now 99.

U and Vicky are talking about at share which has gone down quite low. Are u talking about GujFluoro

 

[VICKY_SEEKINGINR]

Is this rally going to continue or should I exit at this cmp. It is now 99.

U and Vicky are talking about at share which has gone down quite low. Are u talking about GujFluoro

No Brother

I was talking about Vidiocon Ind.

Thanks
Vicky

 

[VICKY_SEEKINGINR]

Hello Saint..

Fresh Exposure for Banks is adviseable?
LIke SBI and ICICI Bank.

Thanks
Vicky

 

[roneeth]

Hello Saint,

Arvind Mills up 5 %...

Thanks and Regards

Roneeth

 

[karthikmarar]

Saint

Yes, Arvind mills moved up nice with increased volume. Good contra call, my friend. Sitting on a neat little profit ...

Thanks

regards

Karthik

 

[avinash]

Saint,

Your bullish divergences on TRIX of Arvind Mills worked fine,thanks a lot,friend!

Avinash

 

[bathija]

Hi Saint,

I am a new member in this group. I have being following these threads for a few weeks. I am having some shares of IDFC. Today IDFC has gone up Rs 3.80 and closed at 73.55. Is it a good entry point now as per the charts or the rally is only because of the budget. And what would be the SL now and target to be kept in mind ?

Hi NK,

IDFC :So far lower pivot highs and lows.Sitting in a symm triangle for now.A break above 71.5 is taking out the previous pivot high and a break out of this triangle,thereby telling us that a change in trend to the upside is in progress.Buy at 72 with a stop loss at 67.5 and a first target of 86.

Happy Trading!
Saint

 

[Saint]

Originally Posted by Saint
Hi NK,

IDFC :So far lower pivot highs and lows.Sitting in a symm triangle for now.A break above 71.5 is taking out the previous pivot high and a break out of this triangle,thereby telling us that a change in trend to the upside is in progress.Buy at 72 with a stop loss at 67.5 and a first target of 86.

Happy Trading!
Saint

Hi Saint,

I am a new member in this group. I have being following these threads for a few weeks. I am having some shares of IDFC. Today IDFC has gone up Rs 3.80 and closed at 73.55. Is it a good entry point now as per the charts or the rally is only because of the budget. And what would be the SL now and target to be kept in mind ?

Hi Bhatija,

First of all,welcome to Traderji.Great place to be especially if your focus is to learn and share.

Am in IDFC as well,had entered at 72 before it took a dive,but stops not taken out.Was a super day today.Looking at a tgt of 88-90 after which trail stops upwards.Keeping my stops at 67.5 for now.

Saint

 

[Saint]

Is this rally going to continue or should I exit at this cmp. It is now 99.

U and Vicky are talking about at share which has gone down quite low. Are u talking about GujFluoro

Hi Raj,

Hold the stock for now and let's see where it goes,may give you back your breakeven price or higher.Hold for now,raise your stop loss to 93.

Saint

 

[Saint]

Saint

Yes, Arvind mills moved up nice with increased volume. Good contra call, my friend. Sitting on a neat little profit ...

Thanks

regards

Karthik

Hello Saint,

Arvind Mills up 5 %...

Thanks and Regards

Roneeth

Saint,

Your bullish divergences on TRIX of Arvind Mills worked fine,thanks a lot,friend!

Avinash

Great going,guys........if in this as alonger term play,still a HOLD.But if in as a short term move from 91 ,then it's profit taking time bet 105-106.

Saint